Distributors

This document is designed to clearly outline the policies and procedures involved in doing business with MONARCA SPIRITS INTERNATIONAL CORP.

TERMS OF SALE

Net 45 days (unless state law dictates otherwise). Title to MONARCA SPIRITS INTERNATIONAL CORP Spirits passes to buyer when they have been loaded upon a common carrier at MONARCA SPIRITS INTERNATIONAL CORP’s premises and risk of loss passes to Buyer upon the earlier of delivery or placement with a carrier. Please see the complete terms and conditions for doing business with MONARCA SPIRITS INTERNATIONAL CORP, which are found on our website at monarcaspirits.com/trade

SAMPLE POLICY

a) MONARCA SPIRITS INTERNATIONAL CORP encourages sampling of our spirits, and will share in field sample expense at 50% of wholesaler’s laid-in cost, unless otherwise stipulated in writing. All requests for reimbursement of sample costs must be accompanied by a report detailing by salesperson and account information.
b) MONARCA SPIRIT INTERNATIONAL CORP will pay 100% for all bottles pull from distributor’s inventory the first year of distribution in state with prior written authorization from Monarca Spirits Management. All requests for reimbursement of sample costs must be accompanied by a report detailing by salesperson and account information.
c) Samples for market work-with shall also be billed at 50% of wholesaler’s laid-in cost. All requests for reimbursement of sample costs must be accompanied by a report detailing by salesperson and account information. Trade Show spirits expenses shall be billed at 0% laid-in cost for bottles pulled from distributor inventory with prior written authorization from Monarca Spirits Management.

SPIRITS LIST PARTICIPATION

MONARCA SPIRITS INTERNATIONAL CORP will participate in the printing costs of spirits lists featuring Monarca Spirits Co. ESTATES, not to exceed $100 per listing per calendar quarter. Duplicate billings for initial placement will only be approved for out-of-date changes. In addition, all spellings, years, and spirits descriptions must be accurate. Requests for payment must be accompanied by a copy of the listing, in the interest of conservation, please send only cover and pages listing to info@monarcaspirits.com

CHARGEBACKS

Chargeback invoices for monies due will be reimbursed in the form of a credit memo against purchases or outstanding balance other form of payment shall be requested by the distributor.

UNSALEABLES

MONARCA SPIRITS INTERNATIONAL CORP. Unsalable spirits must meet the following requirements: Unsalable product is defined to be Product that (a) is spoiled, putrid or foul, or (b) has sustained damage to its primary or secondary packaging and is no longer commercially marketable. The party responsible for the unsalable Product shall be responsible for the costs of collecting (or returning, at Monarca Spirits’ option) such Products from the marketplace.

Title of Product passes to Distributor when Product is loaded onto the Distributor’s carrier. Requests for reimbursement for unsalable spirits must include the following and must be discussed with the Monarca Spirits Management in advance: 1) A detailed description of the spirits on the bill back/invoice detailing the dated, varietal and size; and 2) An explanation/description of why the spirits was determined unsalable.

Spirits approved as unsalable and as the responsibility of MONARCA SPIRITS INTERNATIONAL CORP may be billed back at 100%. Unsalable spirits which is the responsibility of the Distributor (any damage incurred after the Product has left the MONARCA SPIRITS INTERNATIONAL CORP warehouse in Laredo Texas) will not be reimbursed.